A Brief Analysis of Malta’s nascent solar market
The Maltese consume an estimated 2.12 billion Kilowatts-hours of electricity per year. This energy consumption rate is the second-lowest across all European Union member states. Malta does not have any domestic fuel resources thus, forcing it to rely on imported fossil fuels. However, the country is working towards a renewable energy future under the European Union’s energy efficiency directive stipulations. What is the current state of Malta’s solar market?
As of 2017, renewable energy accounted for only 4.9 % of the Central Mediterranean state’s total installed capacity. This was one of the lowest renewable energy capacities in Europe. Fortunately, the Maltese Ministry of energy stepped up its renewable energy adoption efforts. At the end of 2019, Malta’s installed solar capacity stood at 154 Megawatts.
There are no recent statistics on the Maltese installed capacity. Still, the country’s rooftop PV sector is growing fast due to the government’s support. Essentially, this nascent solar market is most likely to continue growing and offer more lucrative opportunities for solar installers.
Solar equipment supply capacity in Malta
Malta has a small number of solar equipment suppliers that mainly deal with common equipment categories such as solar panels. This may limit your range of options in case you have a project lined up. Nevertheless, there is no need for concern because Solarfeeds has got you covered.
As a leading e-commerce marketplace for solar equipment, we host several leading equipment suppliers. If you don’t find the equipment needed locally, you can choose to import affordable and quality equipment from any of our partners. Just go to our inquiry page and request quotes.
Ports and logistics in Malta
Any solar installer or professional will agree that ports and quality services are essential amenities in any market. Well, most of Malta’s logistics service providers are highly experienced and dependable. You also have access to two major ports, namely;
- The Valletta Grand Harbor
- The Port of Marsaxlokk
Solar Products Wholesalers
Wholesaling refers to buying some products or goods directly from its manufacturer usually at a discount and then reselling it to the retailers for a comparatively higher cost than the original. Basically, wholesalers handle products and package them in small quantities and then sell them to retail customers, either for commercial or personal use.
Many industries have wholesalers, and that will not skip the solar industries. Nowadays, many solar wholesale stores/firms are operating across the globe, making it much easier for retailers to go solar. Sometimes retailers find it hard to reach direct manufacturers of solar products because some companies do not have their solar stores/shops in public, with that they are not also offering solar products per piece. Through wholesale solar stores/shops, these individuals can easily buy the solar products that they need to replace or maintain their solar systems.
If you are in need of solar product suppliers for an individual purpose, you may visit some solar outsourcing marketplace to get an updated list of solar wholesalers near your location. There are many solar platforms that provide enough information and data about the solar industry in your region, including all the reliable solar wholesalers in town.